BigMint’s daily trade sheet – 29 July’26

According to BigMint’s latest bi-weekly assessment, Fe 62% iron ore concentrate was assessed at INR 4,550/t ($48/t) ex-works, edging up by INR 50/t ($0.5/t). Meanwhile, Fe 63% concentrate offers were heard at INR 4,900-5,000/t ($51-52/t) ex-works, reflecting firm seller expectations.

According to BigMint’s assessment, Fe 69% mill scale prices in Kandla declined by INR 100/t ($1/t) to INR 7,600/t ($79/t) DAP. Around 4,000 t of deals were concluded during the assessment period in the INR 6,350-6,400/t ($66-67/t) ex-works range.

Indian sponge iron prices corrected by INR 50-200/t, amid limited buying interest and subdued spot enquiries across most regions. BigMint recorded around 11,500 t of sponge iron trades.

The following sheet summarises confirmed trades /offers of iron and steel products collected by BigMint to help our users keep track of day-to-day trade dynamics.